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Crypto.com cuts ~12% of staff to embed AI across operations, citing efficiency gains even as revenue rises

Crypto.com cut roughly 12% of its workforce as it restructures to integrate AI across operations [1].

Mar 19, 202612:24 PMNewsroom AI

Crypto.com announced a reduction of about 12% of its global workforce—roughly 180 employees—as part of a restructuring tied to enterprise-wide deployment of artificial intelligence to drive efficiencies [1] [2].

Founder and CEO Kris Marszalek said the exchange is moving to integrate AI across the business and warned that companies that move slowly on AI risk being left behind; company statements said only roles unable to adapt to the new AI-driven model were targeted in the cuts [3] [4].

Crypto.com said AI agents now carry out high-volume tasks in areas such as customer support, compliance and coding, and the layoffs came even as the firm reported a roughly 15% revenue increase for the quarter [5] [1].

The move underscores a broader industry shift toward automation and AI-driven operations as firms reshape workforces to align with new technologies [2].

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